The federal government ended fiscal 2025 with a slightly lower deficit than fiscal 2024's total, thanks in part to the Trump ...

The “American System” that gives its name to this essay series is perhaps most directly associated with mercantilism, industrial policy, and federal investments in infrastructure. An element that is ...

A girl sits next to a stuffed bear as refugees from Ukraine wait in the main railway station in Przemysl, southeastern Poland, near the Polish-Ukrainian border on March 24, 2022, following Russia's ...

The federal court system plans to spend $35 million less from its court security account in fiscal 2026 than it did the ...

Journal Editorial Report: Does the Department of Government Efficiency stand a chance? Photo: Kena Betancur/AFP Excessive spending has been a way of life for lawmakers in Washington for more than half ...

he persistent underperformance of Pakistan’s tax machinery highlights a deeper structural dysfunction that transcends mere numerical deficits. The entrenched culture of reactive fiscal management, ...

QUICK: WOULD you rather face the worst economic crisis in history as a resident of America’s fiscal union, or Europe’s? An easy choice, surely; a decade ago, the euro area’s skeletal economic ...

Pakistan's fiscal management has long been a barrier to economic stability, with poor revenue mobilisation coupled with unchecked government expenditure intensifying the crisis. The challenges are ...